What question did this study set out to answer?

This paper aims to introduce a convex model of equilibrium growth while discussing its implications for policies.

A Convex Model of Equilibrium Growth: Theory and Policy Implications

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The paper presents a convex model showing how consumption growth is influenced by technology and policies.

This paper aims to introduce a convex model of equilibrium growth while discussing its implications for policies.
Developed a convex model focusing on technological aspects and fixed factors.
Provided existence and characterization results.
Analyzed the effects of taxation and international trade policies.
Long-run growth rate in per capita consumption depends on tastes, technology, and policies.
In a free-trade equilibrium with taxation, growth rates of consumption and output do not necessarily converge.

Jones et al. (1990) studied this question.

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